Gulf monarchs seek united front at annual summit
Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates face regional divisions, but will struggle to find common ground.
Kazakhstan revises 2015 inflation rate forecast
Minister of National Economy Yerbolat Dossayev announced the increase of inflation corridor from 6-8 percent to 8-10 percent for 2015.
Petrol prices in Kazakhstan depend on Russian ruble: Shkolnik
Kazakh Minister of Energy Vladimir Shkolnik says that the price for petrol in Kazakhstan will depend on the Russian ruble.
Kazakhstan’s President Nursultan Nazarbayev on recent hike of prices for petrol
These are mere economics laws: we have to keep prices equal to those of Russia as we have no customs barriers and the movement of goods across the border is free: President Nazarbayev.
Petrol follows tenge in free float: Kazakhstan government stops regulating prices
After the announcement that Kazakhstan governoment was stopping price regulation for petrol, prices spiked throughout Kazakhstan.
Kazakhstan to stop regulating prices for petrol
There should be a flexible pricing model given the ongoing volatility at the FX market: Vice PM Sagintayev.
Oil prices will continue falling: Kazakh economist
Kazakhstani economist Vladimir Telnov predicts that global oil prices will continue falling in the next 5 to 15 years.
Kazakhstani airline SCAT increases ticket prices by 20%
Following suit of the Kazakhstan national airline Air Astana, another Kazakh airline SCAT has announced a ticket price rise.
Air Astana raises airline ticket price
Kazakhstan’s national airline Air Astana has raised ticket prices on international flights after Kazakhstan floated the tenge.
Experts comment on Kazakh National Bank expanding tenge-dollar pegged corridor
Experts comment on the latest expansion of the tenge to dollar exchange rate pegged corridor in Kazakhstan.
Gasoline prices rise in Kazakhstan
Caps on gasoline prices have been raised in Kazakhstan.
Mobile phone calls to become cheaper in Kazakhstan
Kazakhstan’s Ministry of Investments and Development plans to continue lowering the mobile phone tariffs in Kazakhstan.
TengrizChervrOil capacity expansion soars by $15bln
Projects for expansion of production capacity at Tengiz oil and gas field in Western Kazakhstan have seen their price tag soar. By $15 billion!
Kazakhstan mulls halving crude export duty
In the wake of dropping oil prices, the crude export duty rate in Kazakhstan, according to Halyk Finance analytics, could be reduced by half.
Oil price may hit $40 per barrel by end of month
Oil prices might fall again as reserves of crude continue growing, experts say.
Kazakhstan to introduce ban on imports of gasoline and diesel fuel
The measure will have no impact on the price of fuel. The Energy Ministry has set price ceilings for both gasoline and diesel fuel: Vice Minister of Energy.
Kazakh airlines to lower plane ticket prices
Plane ticket prices in Kazakhstan will be lowered amid the lowering jet fuel prices in Kazakhstan.
Tenge exchange rate adjustment possible if oil prices go below $50: Kazakh central bank governor Kelimbetov
Governor of the National Bank of Kazakhstan Kairat Kelimbetov said that a devaluation of the tenge is possible if oil prices fall below $50 per barrel.
KazMunaiGas Head doesnt rule out further decrease in gasoline prices
According to him, oil refineries have been facing excessive gasoline in stock, with oil companies [in line with applicable legislation] still supplying a set volume to local refineries to be processed.
Kazakhstan's Air Astana to lower ticket prices
Air Astana announced a decision to lower ticket prices on domestic flights in Kazakhstan.
